Showing 1001 Results for brexit
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Showing 1001 Results for brexit
Search instead for brexit
June 15, 2016
It just felt like most of the day today was waiting around for the FED meeting this evening and I am sure tomorrow we will be saying the same about BREXIT next week! For Asia, the initial concern was that China did not make the MSCI Index. However, all fears were rejected after the first […]
June 14, 2016
It was all about the Nikkei and the JPY again today trading to 105.50 as stocks lost another 1%. We are on daily bearish reversals here so we may well see a short-term bounce from here. As you would expect it was exporters that suffered with Nissan and Honda a couple of names being talked […]
June 13, 2016
Todays Asian equity weakness was both a spill-over from the weak Friday sessions but also strength in the JPY. From the opening bell we saw the Nikkei off over 1.5% and it literally could not recover. Among the areas that suffered most were exporters with losses around 4% for Nissan, Toyota and Sony. With BOJ […]
June 12, 2016
I have been warning that this has been, perhaps, the most sold rally in history. Domestic buyers and net foreign investors are both approaching historical lows. This is the most shorted market ever. Yet, the chart pattern defies all their selling. This is setting itself up for the pop to the upside because the selling […]
June 10, 2016
Something BIG is brewing in the World Economy. We are definitely getting closer to the point when everyone starts to say OMG! What is going on? The US 2016 Elections are shaping up to be very interesting. They reflect the degree of how we are on such a tight-rope tottering before a fall. But which […]
June 10, 2016
It felt as though all regions were blaming the USD today for their market’s weakness today. Dealers around the world were claiming a balancing act against the currency, even the JPY! Lower markets in Japan and Hong Kong saw negative returns of 0.4% and 1.2% respectively but with the Shanghai market still closed. Ahead of […]
June 10, 2016
COMMENT: Mr Armstrong, I have been the ultimate skeptic for so many claimed analysts give an opinion and that is really it. I have kept track of your arrays on the weekly Dow. I understand why the government wanted your model. Your model really works. Your array posted last October 16 picked the November high amazingly. […]
June 9, 2016
The Nikkei could not hold the late US rally and as the cash market opened the weakness returned from the opening, especially having just seen the weaker than expected Machinery Orders. Gaping lower, we did see a small bounce but not enough energy to look for a positive close. Eventually the index closed around 1% […]
June 9, 2016
As the BREXIT vote nears, capital is starting to jockey for position. The euro has made an outside reversal far to the downside on a daily basis, and it is now likely that the week of May 30th will see the highest weekly closing at 11362. At the time of this posting, the euro has […]
June 6, 2016
A mixed session out of Asia saw the Nikkei and Shanghai small lower whilst the Hang Seng managed a 0.4% rally. After Fridays surprise NFP release the JPY continued stronger, trading as low as 106.40. However, the big news overnight was about the shift in the upcoming BREXIT vote and the swing towards a possible vote […]